4.5 This Agreement has been duly executed and delivered by Assignee and constitutes a legal, valid and binding obligation of Assignee, enforceable against Assignee in accordance with its terms, except as such
enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws affecting the enforcement of the rights of creditors generally and by general principles of equity (regardless of whether such enforceability
is considered in a proceeding in equity or at law). 

  

 4.6
[Assignee has a tangible net worth (determined in accordance with GAAP) of at least Fifteen Million Dollars ($15,000,000)][or][Assignee’s debt obligations have an investment grade rating of
[            ] according to [Moody’s Investors Services, Inc./Standard & Poor’s Corporation.] [representation to be made in the alternative; or made with respect to a
guarantor meeting either such standard; debt rating representation would confirm satisfaction of Section 14.3(c)(x)(ii) of the CTA] 

  

 4.7 [Assignee is not an airline or an Affiliate of an airline.] 

  


Article 5. Assignor’s Representations and Warranties. Assignor represents and warrants to Assignee and Lessee that: 

  


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